Lease SUBI Portfolio definition

Examples of Lease SUBI Portfolio in a sentence

  • For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2003-2 for each Series 2003-2 Interest Period shall equal the average Series 2003-2 Invested Percentage during such Series 2003-2 Interest Period.

  • Simultaneously with any Repurchase Payment with respect to a Transferred Asset, such Transferred Asset shall immediately and automatically be sold, assigned, transferred and conveyed by the Issuer to SPV without any further action by the Issuer or any other Person and SPV shall cause the UTI Trustee to reallocate such Transferred Asset from the Lease SUBI Portfolio.

  • For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2006-2 for each Monthly Period shall equal the average Series 2006-2 Invested Percentage during such Monthly Period.

  • For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2009-1 for each Monthly Period shall equal the average Series 2009-1 Invested Percentage during such Monthly Period.

  • For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2010-1 for each Monthly Period shall equal the average Series 2010-1 Invested Percentage during such Monthly Period.

  • The obligations of DLPT created hereunder are contracted for and created solely in respect of the Origination Trust Assets allocated to the Lease SUBI, the Lease SUBI Portfolio and the Fleet Receivable SUBI, and not against any other Origination Trust Assets.

  • For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2002-2 for each Series 2002-2 Interest Period shall equal the average Series 2002-2 Invested Percentage during such Series 2002-2 Interest Period.

  • For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2005-1 for each Monthly Period shall equal the average Series 2005-1 Invested Percentage during such Monthly Period.

  • For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2011-1 for each Monthly Period shall equal the average Series 2011-1 Invested Percentage during such Monthly Period.

  • For this purpose, the portion of the Lease SUBI Portfolio allocated to Series 2011-2 for each Monthly Period shall equal the average Series 2011-2 Invested Percentage during such Monthly Period.

Related to Lease SUBI Portfolio

  • SUBI has the meaning set forth in the Recitals.

  • SUBI Collections has the meaning set forth in the Indenture.

  • SUBI Assets means the Leases, the SUBI Equipment and any related assets allocated to the Series 2014-1 SUBI.

  • Securitization Assets means the accounts receivable, royalty and other similar rights to payment and any other assets related thereto subject to a Qualified Securitization Facility that are customarily sold or pledged in connection with securitization transactions and the proceeds thereof.

  • Other SUBI means any SUBI other than a 2016-A SUBI.

  • Securitization Property means the property described in section 10j.

  • Other Securitization Trust Any “issuing entity” (within the meaning of Item 1101(f) of Regulation AB) that holds a Serviced Companion Loan or successor REO Companion Loan (or any portion thereof or interest therein), as identified in writing to the parties to this Agreement.

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • Subject Vehicle means the vehicle being tested.

  • Warehouse Facility means any funding arrangement, other than a Credit Facility, a Securitization or a Residual Funding Facility, with a financial institution or other lender or purchaser under which advances are made to a Warehouse Trust to the extent (and only to the extent) funding thereunder is used exclusively by the Warehouse Trust to purchase Receivables from the Company or a Restricted Subsidiary and to pay the related expenses with respect to the Warehouse Trust.

  • Securitization Asset means (a) any accounts receivable, mortgage receivables, loan receivables, royalty, franchise fee, license fee, patent or other revenue streams and other rights to payment or related assets and the proceeds thereof and (b) all collateral securing such receivable or asset, all contracts and contract rights, guarantees or other obligations in respect of such receivable or asset, lockbox accounts and records with respect to such account or asset and any other assets customarily transferred (or in respect of which security interests are customarily granted) together with accounts or assets in connection with a securitization, factoring or receivable sale transaction.

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.

  • Transit vehicle means a bus, rapid transit vehicle, railroad car, street railway car, water vehicle, taxicab, or other type of public transportation vehicle or individual unit, whether operated singly or in a group that provides public transportation.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Portfolio Asset means an asset of an investment fund;

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Fleet Vehicle means one of a large group of New Vehicles sold to a Person (e.g., a rental car agency) which purchases in excess of ten (10) Vehicles per purchase contract for commercial use.

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Shared vehicle means a vehicle that is available for

  • Sale and Servicing Agreement Collateral shall have the meaning set forth in Section 2.4.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Servicing Rights means rights of any Person, to administer, service or subservice, the Purchased Assets or to possess related Servicing Records.

  • Leased Vehicle means a new or used Nissan or Infiniti automobile, sport utility vehicle, minivan or light-duty truck, together with all accessories, parts and additions constituting a part thereof, and all accessions thereto, leased to a Lessee pursuant to a Lease.

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.